XML 38 R24.htm IDEA: XBRL DOCUMENT v3.10.0.1
Income Per Common Share
12 Months Ended
Dec. 31, 2018
Earnings Per Share [Abstract]  
Income Per Common Share

NOTE 16 – INCOME PER COMMON SHARE

Basic net income per common share is calculated by dividing net income by the weighted average shares outstanding during the period, without consideration for common stock equivalents.

Diluted net income per common share is calculated by adjusting weighted average shares outstanding for the dilutive effect of common stock equivalents outstanding for the period, determined using the treasury stock method. Potential common stock is included in the diluted income per common share calculation when dilutive. The dilutive effect of outstanding restricted stock awards after application of the treasury stock method as of December 31, 2018, 2017 and 2016, was 122 thousand, 117 thousand and 61 thousand shares, respectively. Approximately 30 thousand shares of potential common stock was not included in the calculation of diluted net income per common share for the year ended December 31, 2018 because the effect would have been anti-dilutive.